Education allowance
This query is : Resolved
Navin M Patel
(Querist)
05 January 2012
Does Education Allowance is exempt from income tax?
CA PARAS BAFNA
(Expert)
05 January 2012
Education Allowance to an employee for the education of children Rs 100/ per month per child, subject to max. 2 children is exempt.
.
Allowance Given to meet the educational expenses of employee himself is not exempt.
.
Allowance Given to meet the educational expenses of employee himself is not exempt.
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